Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Story

Learn about the people, housing, costs and businesses in Story, Iowa

Median Home$215,100
Median Rent$1,020/month
Population3,328
Leading IndustriesWholesale Trade · Retail · Professional Services12% wholesale trade
Home Value Growth⬆⬆+18.1% over 2 years
Family-Friendly26% of residentsabove average nationally
Homeowners83% of occupied units
NotableHighly Educated29% hold a bachelor's degree · top 10% nationally
NotableHigh Incomes$96k/year · top 20% nationally
Story City
IA

Frequently Asked Questions

What are today's mortgage rates in Story?

As of today, the 30-year fixed mortgage rate for Story is approximately 6.985% (7.024% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Story
What is the median home price in Story?

The median home value in Story is $215k. The median monthly rent is $1,020. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Story?

Home values in Story have increased 18.1% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Story?

Based on a typical all-in ownership cost of $1,158/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $50k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Story is $96k/year.

Calculate your buying power
What industries drive the economy in Story?

The largest employment sectors in Story are public administration (26%) and retail (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.